UK unemployment rate creeps up in Q1

Increased by 0.1 percentage points

clock • 3 min read

The UK unemployment rate for January to March 2023 increased by 0.1 percentage points on the quarter to 3.9%, according to the latest figures from the Office for National Statistics.

During the same period, the number of people who were inactive because of long-term sickness rose to a record high. But there has also been a record flow out of inactivity in the last three months, driven by people moving into employment, the ONS data revealed. City veterans launch project to keep London a 'leading financial centre' While the UK employment rate was estimated at 75.9% in January to March 2023, 0.2 percentage points higher than October to December 2022, this looks set to change. The increase in employment over the latest three-month period was driven by part-time ...

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